August 20, 2025

first half report shows

Economy General

Nigerian States Spend Only 16% of 2025 Capital Budget in First Half, Reports Show

Abuja, Nigeria – August 20, 2025 At least 31 Nigerian states have reported significant shortfalls in their capital expenditure for the first half of 2025, disbursing only ₦2.75 trillion out of a total ₦17.51 trillion budgeted for the year. Findings from states’ second-quarter Budget Implementation Reports, indicate that capital spending remained far below expectations despite

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